He also claims that it would be “fair” to go back to Bill Clinton’s top tax rate, but anybody want to bet that Michael will now call for even higher tax rates now that Obama succeeded in pushing the top rate to 39.6 percent?

And we definitely know he doesn’t want to go back to Bill Clinton spending levels, so he wants the bad part of the 1990s but not the good part.

One point I failed to emphasize, though, is that class-warfare taxes won’t raise much revenue because of Laffer Curve effects. My comments about successful people escaping places like France and California touched on the issue, but I should have been much more explicit.

P.S. Was I right, or was I right, when I wrote that the real national title game was played on December 1? Such a tragedy that Georgia fell four yards short of the championship.

Since ‘Bama trounced Notre Dame by 28 points and edged Georgia by 4 points, I guess that means the Bulldawgs would have crushed the Irish by 24 points. Which would have been even more impressive than when we beat them 17-10 to win the 1980 national championship.

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Reblogged this on This Got My Attention and commented:
There’s a nice video included. This character from the Center for American Progress could use another college degree. He doesn’t seem to have learned much the first time around.

[…] The Never-Ending Class Warfare Crusade “The most-viewed post in the history of this blog is the ‘riding in the wagon’ cartoon, but the post that has received the highest number of star-ratings is my video on class warfare. I …” […]

Another authoritarian leftist statist eyeing his fellow citizens as milk cows, asserting they must submit to claims against their property and labor by the state checked apparently only by the grace of the state and on grounds only that they have property – or is it “excess” property? – that can be seized. Not sure whether a New Yorker or San Franciscan is rich at $400 k single filer income. All I could say to the authoritarian lefties with high incomes in these places who support politicians of the current ilk is, “You get what you deserve.”

One bright spot: tax-exempt advocacy organizations not getting direct federal money such as the Center For American Progress – I can only hope it’s not getting funneled tax dollar-based funding though I might be disappointed – should take it on the chin with the new limits on exclusions and deductions.

That trite and lame statement that paying taxes is patriotic because the government gave us benefits has grown tiring. It’s just silly talk of statists conflating civil society with the government apparatus and the gang that for the moment runs it for its mob of supporters. It is despite the burdens of the state, especially the federal government with its long-past unmooring from its proper role set out in the constitutional compact and its gaoler’s view of citizens’ expatriation and related hatred of tax competition, that prosperity in that place has continued. Momentum perhaps, but the inheritance is being squandered. Besides, I need all the property I can keep now to grow my wealth and be a productive citizen and prepare for old age. I emphatically do not need the state to seize and dissipate my wealth so that I can be poor and dependent in old age.

I agree that it is disgusting to watch citizens preying on envy and avarice in other citizens in order to bolster their party and their group’s power. Revolting, really.

The USA floats on a sea of debt. Brokest nation in history. The day of reckoning approaches, despite – or because of – these meaningless shows of political theater and class – or is it performance? – warfare. Reckoning will come because of fellows like this and the policies they advocate. Poor or mediocre performers, you should just raise the level of your game instead of supporting state actors who take from others on your behalf or, worse, just to tear them down.

The Bush tax cuts were class warfare? That’s ludicrous. The idea was to foster some growth in prosperity and also let people keep more of their own property in an oddly humane twist by the federal government during days gone by and all without regard to class. It was the current greater depression and the smoking holes where several economies – unstable as they were due to numerous government interventions – once were that collapsed the federal revenue take while the federal government floored it spending wise.

Finally, Social Security (and Medicare and Medicaid) reform should involve only one solution: abolition. Fat chance I know. But, how can you reform a Ponzi scheme to make what is impossible work better? Geez, even Ponzi schemes are voluntary. Means testing just screws over the better performers sooner to let the music play a bit longer, creating just one more avenue of confiscation. That doesn’t sound right unless you also let them or anyone really exit altogether. The luring of people into dependency and free-riding must stop also. It is destructive to human achievement.